Facebook, ConnectU Working On Settlement

Law360, New York (April 8, 2008, 12:00 AM EDT) -- Facebook Inc. is reportedly close to reaching a settlement deal with three Harvard graduates who claim their fellow graduate, Facebook founder Mark Zuckerberg, stole the idea of the wildly popular social networking site from them.

Facebook is currently engaged in discussions with ConnectU — a similar online meeting place for university graduates and students, according to a report by the New York Times on Tuesday. Attorneys for both parties on Monday jointly listed documents to be filed under seal by the U.S. District Court for the...
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